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This is likely to hit a century. A slow mover, some patience is needed.
Short Term Pick: 80/88+ in 2-3 months. Looking at price behaving breakout above 73.50 with confirmation on daily chart looks really good for 80/88+. One can enter around 73.5-74.50 with SL 69. Attractive risk to reward ration and really good time to enter. Note: I am not a SEBI register and view is only for educational purpose as well as personal, always consult...
WELENT has been rising the past week on account of its dividend issuance. The Ex-Dividend day is on 11-06-2020 i.e Thursday. Prices usually tend to correct themselves on this day. Look to SHORT below 69.6 which is just below a resistance zone. TGT1: 68.65 TGT2: 67.65 NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly consult your investment advisor and family members before investing.
THE HOUR CHART AND DAY CHARTS INDICATE THE PRICE COULD GO TO 134 AND ON CROSSING THIS 137 IS THE LIKELY TARGET. ENTER WITH A STOP LOSS OF 132.
118 is a resistance which is seemed to be broken today then 124 is a big resistance, if that is crossed, then 175 in short time can b seen! 110 is support. Disclaimer:I am NOT SEBI registered, Just trying to learn to predict share price movement. THE CHARTS PRODUCED HERE ARE FOR MY PERSONAL REFERENCE ONLY AND THEY ARE NOT ANY BUY OR SELL RECOMMENDATIONS. Kindly...
Overall H&S pattern formation, Rs 85 target will be there in next 3 months, don't try to buy that before 85.
Top yet to confirm Only 1 Strength Candle (Red) Sideways action started since CCI34 W crosses below 100 Unless crosses C> 195.30 and H> 203 with strength
Possible Spring and Test of Spring completed and seems like uptrend started.
-Breaking out of a channel. -Bullish divergence on RSI. -Bullish divergence on MFI. -Bullish divergence on Stochastic. -Bullish crossover on MACD. -Fundamentally strong company. Road construction industry booming under the current. Not an investment advice. Do your own due diligence. Disclosure: Invested.
welspun enterprise is formed as cup and you can also see a BIG CUP pattern from 2007 to 2017 data
Welent-99.5 keep sl of 90 and buy this stock at cmp and down to 95-96 for tgt of 114
above 80 , it can give huge returns in long term